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    Gold could hit $10k in bank crisis, US dollar collapse, brace for inflation – Northstar & Badcharts



    Patrick Karim and Kevin Wadsworth of NorthstarBadCharts.com join Ernest Hoffman of Kitco News for a whirlwind tour of their latest technical analysis, including buy signals for gold and silver, critical levels for the NASDAQ, the right way to judge the US dollar’s collapse, and a market event that’s happened only three times in 100 years. They also discuss bond risks and the outlook for the S&P 500.

    Follow Kevin Wadsworth on Twitter: @NorthstarCharts
    (https://twitter.com/NorthstarCharts)
    Follow Patrick Karim on Twitter: @badcharts1
    (https://twitter.com/badcharts1)
    Follow Kitco News on Twitter: @KitcoNewsNOW
    (https://twitter.com/KitcoNewsNOW)

    0:40 Gold breakout
    4:58 Gold in World Currency Units
    17:08 Silver roadmap to takeoff
    21:58 NASDAQ
    26:56 US dollar index vs PPI
    38:33 Bond yield pain line
    46:34 Boiled frogs and guillotines

    #gold #banking #silver #nasdaq #usdollar #bonds
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    View 41 Comments

    41 Comments

    1. Philip Mark on

      The recent bank bailout serves as a timely reminder for businesses to diversify their financial holdings and mitigate risk. It is essential to allocate funds proportionately across multiple investments to prevent significant losses in case of any financial turmoil or market downturn. I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of this bear market?

    5. Augusto San Juan on

      I think the UBS AG and the USA US Government want to pay the money's and Gold bullion that they Made with Certificate of Deposit 9827 worth 98 billions US Dolllars and with a co agreement with UBS AG including the Bank Notes they collateralize that been deposited in UBS AG Geneva branch. That almost denied even issuing a immunity travel visa they almost DENIED to the signatory. Truth will prevail. A big lost to the Bank abs USA

    9. Terry Legend on

      American made is all that's needed! America can use cash within its own country and still strive well and if Americans want to make purchases from countries that use digital currency they can use debit or credit cards which would make those purchases digital. We can also back our dollars by the people!

    11. Terry Legend on

      The government is trying to crash America to force the people to accept digital currency which isn't physical pay which is simply like slavery. I have multiple ideas on how America can survive from within without evil shit being done. Another thing is the government wants to control guns first in order for their bs digital currency new world order shit can take place but the American people won't go down without a fight and that's why the government is messing with the food and water.

    12. Terry Legend on

      No more capitalism, it ends greed and every human would be considered equal is a good thing for America! We don't use other countries currency's anyway only the rich and greedy use those other countrys currency's and those are really the people who are worried about the American dollar.

    16. Rombizio on

      That would be great but I cannot buy physical gold where I live. That makes things harder because I would have to get paper equivalent which is not that good. Any ideas how to work around that?

    17. Rangaraj on

      Two years ago nobody could predict the dollar condition we're witnessing today. The u.s continue to double down on the same mistake that brought the dollar where it's. Therefore,no guarantee that the grass of the dollar would not be faster than it's envisaged

    21. Aude Mar on

      All these analyses are great but in reality market moves differently, however, i hope you guys are right gold at $10K+ in the near future😅

    32. J P on

      Hey guys, if you have a large part of your assets in precious metals and the rest in cash while waiting for BTC to drop and then the S&P & Nasdaq fall at the same time, will our cash (USD) be severely down in value in order to buy BTC?
      Would it be better to hedge through gold and then selling after a severe crash and buying into BTC? Thanks for helping weather the storm Kitco and fellow investors!

    35. Cambria Wellness on

      So, would you warn against currency trading, at this time; in one years time? If CBDCs come in mandatory, I suppose there would be little to trade in foreign currencies, correct?

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